|
|
Article: A Stock Broker who Allegedly Defrauded his own Sister and Brother-in-Law Faces Claim for Punitive Damages From Securities Fraud Attorney Mark A. Tepper.
- Article from:
- Investment Weekly News
- Article date:
- May 16, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The sister of a Florida stock broker and his brother-in-law have filed claim against him, alleging that he and Tampa-based securities broker/dealer firm Calton & Associates, Inc., caused an almost total loss of their investments over a 3-4 month period.
The claim, filed with the Financial Industry Regulatory Authority (FINRA), by the law firm of securities fraud attorney Mark A. Tepper on behalf of a policeman and a school teacher, contends that the broker is liable for punitive damages for intentional, reckless or grossly negligent conduct by allegedly placing his financial interests ahead of the Fort Myers couple.
The claim alleges that the broker ...